Economic

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  • Economic Factors
    • This includes:
      • How we choose to live our life's
      • The amount of money we make
      • Our job occupations
      • Educational Achievements
    • Low income/ poverty
      • More likely to experience ill health
      • Reduced personal development
        • Educational Success
        • Job opportunities
        • Physiological needs
          • Shelter
          • Warmth
          • Food
          • Exercise
    • Income and expenditure
      • Lack of income means that they may not be able to afford
        • Clothing
        • Food
        • Housing
        • Bills
      • Relative poverty = people who can afford basic resources but not much else
      • Absolute poverty = those who cannot afford the basics
      • Social impact
        • Social exclusion
        • Discrimination
        • Poverty
        • Gang culture
    • Where does income come from>
      • Wages
      • Profits from a business
      • Benefits from the government
      • Money from invested wealth such as interest or bonds
      • Money raised from a house sale
    • Who are likely to be on low income?
      • Lone-parent families
      • Unemployed people
      • Older adults
      • Sick people
      • People with disabilities
      • Families with single earners
      • Unskilled couples
    • Unemployment
      • Poverty = underachievement at school, less likely to go to college or university
      • Children born in poverty = more likely to be unemployed
      • Those who are in work = more likely to be in low paid jobs, low status, temporary jobs
      • Leads to stress, ill health, low self-esteem. low self-image
      • Secure, well-paid work = healthier mentally and physically
        • Can be debated
    • Affects on growth and development
      • Lack of basic resources
      • Changes in lifestyle habits
      • Poor nutritional intake
      • Fuel poverty
      • Lack of social engagement in society
      • Increased risk of illness and diseases
      • Unstable relationships with family or partner
      • Poor housing conditions
      • Lack of clothing
      • Transport issues

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